Renewable energy projects, a round the world,
. . . are competing with the other sources of power generation,
. . . on a purely economic basis – excluding subsidies,
. . . as costs fall and profitability improves.
The component costs used in wind, and solar generation,
. . . (such as panels, and turbines)
. . . have fallen and efficiency has dramatically improved.
According to Bloomberg New Energy Finance (BNEF),
. . . the cost of a utility-scale solar panel fell by
. . . 68% between 2009 and 2015, while the cost of onshore wind power fell by
. . . 50% over the same period.
As costs decline, and renewable projects compete on a standalone basis,
. . . the stability of returns and profitability should improve.
2-6-2017 Source: #Follow the Money
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#Follow the Money
Started by eds, Feb 06 2017 04:57 AM
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